Do More With Reuters
Partner Services

TPG India to invest $120 mln in Shriram Retail

Fri Sep 12, 2008 4:20pm IST
 
Email | Print | | Single Page
[-] Text [+]

MUMBAI (Reuters) - Shriram City Union Finance Ltd said on Friday TPG India Investments Inc would invest $120 million to buy up to 49 percent in Shriram Retail Holdings Pvt Ltd.

TPG would also make an open offer for the same and would indirectly hold 26.7 percent stake in Shriram City Union Finance, the latter said in a statement.

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
Pledge to support economies

G20 financial leaders pledged to prepare strategies to end emergency support for their economies, but to keep the aid flowing until recovery was assured.  Full Article | Related Story 

Photo
Miss England gives up crown over brawl reports Friday, 6 Nov 2009 

LONDON (Reuters) - Beauty pageant winner Miss England gave up her title on Friday after reports she had been involved in a nightclub brawl with another beauty queen.  Full Article